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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 4 days · First seen · Last updated
Australian mineral exploration developments
Overview
Mineral exploration activities in Australia have shown significant progress across multiple states. In New South Wales, Sky Metals reported high-grade assay results at its Tallebung tin-tungsten-silver project, with diamond drilling identifying mineralization including up to 2.44% tin and 5.45% tungsten trioxide. The company intends to launch a reverse circulation program to test for resource growth.
In Queensland, Red Metal is expanding its copper exploration by lodging 17 new tenement applications covering approximately 5,800km2, supported by a Queensland Government drilling grant. Meanwhile, in Western Australia, Terra Metals has extended its Southwest platinum group metal (PGM), copper, and nickel discovery to a 1.35km strike. Following successful drilling of high-grade reefs, the company expects to release its maiden mineral resource estimate in the first quarter of 2027.
Entities
Timeline
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[BUSINESS] 3 sourcesTerra Metals extends Southwest PGM discovery in Western Australia
Terra Metals has extended its Southwest PGM, copper, and nickel discovery in Western Australia to 1.35km, reporting its largest continuous high-grade reef to date.
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[BUSINESS] 3 sourcesSky Metals and Red Metal report progress in Australian mineral exploration
Sky Metals reports high-grade tin and tungsten assays in New South Wales, while Red Metal expands its copper exploration footprint across 5,800km2 in Queensland.
Sources
australianmining.com.au · mqworld.com · smallcaps.com.au · stockhead.com.au